Cardano’s Charles Hoskinson Predicts Bitcoin Could Soar to $500K

• Cardano’s Charles Hoskinson envisions a $10 trillion economy, emphasizing Bitcoin’s potential to drive growth in decentralized finance (DeFi) despite current constraints in its ecosystem.
• Hoskinson highlighted the importance of modular stacks and tools like Lace Wallet to enhance Bitcoin’s usability in DeFi without compromising its core principles.

At the Las Vegas Bitcoin 2025 Conference, Cardano Founder Charles Hoskinson said he thinks the Bitcoin (BTC) price could hit figures as high as $250,000 to $500,000 in the coming years. Hoskinson even envisions a $10 trillion system centered on Bitcoin as he highlighted how it plays a major role in decentralized finance (DeFi) growth.

Cardano’s Charles Hoskinson Offers Bitcoin Price Target of $500K

His keynote discussed the journey of Bitcoin, moving from easy-to-use setups and limited online sites to massive companies and a user base spanning the globe. The Cardano founder discussed that early, low-cost mining rigs were often more effective than current multi-million-dollar setups in terms of Bitcoin output.

He pointed out that although Bitcoin was originally used for sending and receiving money, people had to use PayPal and Bitmitt for peer-to-peer transactions. However, later, the market grew and saw the rise of centralized exchanges, which changed the game.

Meanwhile, Hoskinson is not the first to give the ambitious $500,000 Bitcoin price target. Rich Dad Poor Dad author and Bitcoin maximalist Robert Kiyosaki has also offered a similar prediction with $500K serving as the lower band, as highlighted previously.

During his reported address, Hoskinson also spotlighted Bitcoin’s long-standing operational principles. He emphasized the exclusive use of BTC for transactions and fees, and Bitcoin as the sole yield source within its ecosystem. He explained that these constraints in BTC usage have traditionally hindered seamless DeFi integration. Thus, he suggested ways to improve Bitcoin’s DeFi use cases on DeFi without compromising its original vision, as reported by CNF in our last news story. 

How Bitcoin DeFi Integration Can Improve?

One such approach is using a modular stack that can support features that require more resources. He gave credit to people like Sergey Lerner and the teams from Fairgate and Sundial, since their tools aim to improve Bitcoin and keep its integrity as well as what it was meant to do. He also underscored that Input Output Global (IOG) is working on wallets that allow the movement between traditional and DeFi-based features.

During the event, Hoskinson showcased a live exhibit of DeFi using Bitcoin. On the Lace Wallet, users could carry out the process of swapping tokens from Bitcoin to Minswap assets. With the transaction model and Babel fees paid in Fluid Tokens, people could use Bitcoin to pay their fees, but their assets remained secure on the network. It showed how Bitcoin is being used in collaboration with other systems in the market.

Moreover, the Cardano founder explained plans to join the Bitcoin and the Cardano network together in the future. For example, the Cardinal protocol is being built to help people easily transfer USDC coins between Ethereum and the Binance Smart Chain (BSC). It’s designed by CTO Romain Pellerin and the IOG team to allow support for blockchain interoperability, including Bitcoin-inspired networks like Litecoin and Dogecoin.